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U.S. Treasury moves to cut off crypto exchange MEXC over $16 billion in alleged illicit flows

CoinDesk· Francisco Rodrigues· Nov 7, 2026 · 5:36 PM
U.S. Treasury moves to cut off crypto exchange MEXC over $16 billion in alleged illicit flows

Treasury billed the move as part of its campaign against Iran, but the order rests on MEXC's alleged role in Russian illicit finance.

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